Economic Totalitarianism - page 113.

generalizethis

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Facts are more efficient than fud

Quote from: TPTB_need_war on June 19, 2015, 05:19:51 PM

Quote from: generalizethis on June 19, 2015, 02:24:54 PM

Quote from: smooth on June 19, 2015, 02:14:59 PM

The substance of his concerns is legitimate and it has been passed on to the mathematicians of MRL who are analyzing it. My intuition is that the probability of the saturation traceability occurring in practice is extremely low and it therefore doesn't matter, but that isn't a reason to dismiss the issue outright, it still needs to be analyzed and if necessary addressed.

Here is the link to my last comments to fluffypony.

Note smooth is only referring the saturation that I had mentioned to him back during the BCX incident. In my recent post, I am also pointing out that the timing of the transactions mixed can lead to degenerate cases of mixes. I suspect he maybe didn't realize I added that point since we last spoke and thus he may be underestimating the likelihood of occurrence. You'll need to ask smooth.

I also replied in the Monero thread.

I'm sure Smooth isn't underestimating or ignoring your concern and is waiting for more feedback from the other developers.

trollercoaster

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http://armstrongeconomics.com/archives/33697

on a similar note, a couple of weeks ago I saw pigs nabbing people for Jay walking on a busy street corner, they were hiding inside a cafe.

trollercoaster

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Quote from: TPTB_need_war on June 19, 2015, 01:43:14 PM

Oh fuck, so this is how they will blackmail foreigners into enforcing totalitarianism on our home soil. Realize homegrown soldiers would usually not shoot their own people.

this is likely, the media in the west has been fueling the tensions between immigrants and locals since 9/11
They'll be happy to follow orders in their new, better paid careers in the military.

TPTB_need_war

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Quote from: generalizethis on June 19, 2015, 02:24:54 PM

Quote from: smooth on June 19, 2015, 02:14:59 PM

The substance of his concerns is legitimate and it has been passed on to the mathematicians of MRL who are analyzing it. My intuition is that the probability of the saturation traceability occurring in practice is extremely low and it therefore doesn't matter, but that isn't a reason to dismiss the issue outright, it still needs to be analyzed and if necessary addressed.

Here is the link to my last comments to fluffypony.

Note smooth is only referring the saturation that I had mentioned to him back during the BCX incident. In my recent post, I am also pointing out that the timing of the transactions mixed can lead to degenerate cases of mixes. I suspect he maybe didn't realize I added that point since we last spoke and thus he may be underestimating the likelihood of occurrence. You'll need to ask smooth.

I also replied in the Monero thread.

generalizethis

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Facts are more efficient than fud

Quote from: TPTB_need_war on June 19, 2015, 01:37:04 PM

I do hope Monero can make those improvements (if they agree) asap and not lose any time while they are the only available on chain anonymous choice. Competition will heat up soon with Blockstream's Confidential Transactions and Monero should make sure they don't have any fundamental (even theoretical) weaknesses in their anonymity before CT is released probably towards end of this year (or slightly sooner or later).

I did private message (on this forum) him, tacotime, and smooth with a link to my second reply.

Quote from: smooth on June 19, 2015, 02:14:59 PM

The substance of his concerns is legitimate and it has been passed on to the mathematicians of MRL who are analyzing it. My intuition is that the probability of the saturation traceability occurring in practice is extremely low and it therefore doesn't matter, but that isn't a reason to dismiss the issue outright, it still needs to be analyzed and if necessary addressed.

I'll keep a tab on this and post if there is an update on any of the Monero threads.

TPTB_need_war

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Oh fuck, so this is how they will blackmail foreigners into enforcing totalitarianism on our home soil. Realize homegrown soldiers would usually not shoot their own people.

TPTB_need_war

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I do hope Monero can make those improvements (if they agree) asap and not lose any time while they are the only available on chain anonymous choice. Competition will heat up soon with Blockstream's Confidential Transactions and Monero should make sure they don't have any fundamental (even theoretical) weaknesses in their anonymity before CT is released probably towards end of this year (or slightly sooner or later).

I did private message (on this forum) him, tacotime, and smooth with a link to my second reply.

generalizethis

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Facts are more efficient than fud

Quote from: TPTB_need_war on June 19, 2015, 12:59:03 PM

Quote from: manselr on June 19, 2015, 09:04:45 AM

Right now I wouldn't say Monero isn't anonymous.

See my post to fluffypony several days ago. I explained precisely why it is not. I suggested to them what they need to do to fix it. There was no reply.

In addition to that issue, I also don't think the I2P integration is reliably anonymous (but I can't prove that and neither can they prove my concern is not valid). So that is two vectors of potential unreliability. I would not trust my anonymity entirely to Monero.

If you are always on an unregistered internet connection when you transact Monero (and never do any other activity on that connection!) and if you mix your coins "zillions" (10? 100? 1000?) of times with Monero rings as they are currently structured, then you could probably be reasonably sure you are anonymous.

If they implement my suggested fix, then you won't need to mix zillions of times to gain confidence because the combinatorial anonymity set will be well defined and not subject to domino collapse by combinatorial correlation analysis.

I'll have to go back and read it, but as of yesterday, Fluffy did answer your first post, but not the second post. To his credit he did say to nudge him with a PM if you had further concerns. I doubt he even read the second post. I'll post it on the main Monero thread and see if that gets a response. When I get a response, I will post it on this thread as I can only keep track of so many threads in a day and don't want to add another one to follow.

Quote from: manselr on June 19, 2015, 09:04:45 AM

Thats why I said we can't make Bitcoin mainstream until anonymity features are implemented. Imagine a world with a public ledger where there is nowhere to have any privacy. Right now I wouldn't say Monero isn't anonymous.. i think it's the most anonymous way we have now to do transactions online, but Monero is a small niche, to access it you need Bitcoin first, which defeats the point, so we need to work on Bitcoin's anonymity to not have to depend on some alt.
gmaxwell knows this is a serious issue and that's why he's pushing into that direction. The methods we have now to achieve some sort of privacy with bitcoin are pretty archaic (generating addresses each time, coin mixing... that's not proper anonimity).

After watching the fight over blocksize, you think Bitcoin is going full-anonymous?

Things that will happen before that debate even starts:

--Evan Duffield will donate all his instamined dash to the Red Cross.

--Hillary Clinton will dominate the primary debates with 3 words, "I am Satoshi."

--Edward Snowden will throw out the first pitch in the World Series.

--Dick Cheney will admit he was wrong about everything.

--Monero will release an official GUI.

TPTB_need_war

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Quote from: manselr on June 19, 2015, 09:04:45 AM

Right now I wouldn't say Monero isn't anonymous.

See my post to fluffypony several days ago. I explained precisely why it is not. I suggested to them what they need to do to fix it. There was no reply.

In addition to that issue, I also don't think the I2P integration is reliably anonymous (but I can't prove that and neither can they prove my concern is not valid). So that is two vectors of potential unreliability. I would not trust my anonymity entirely to Monero.

If you are always on an unregistered internet connection when you transact Monero (and never do any other activity on that connection!) and if you mix your coins "zillions" (10? 100? 1000?) of times[1] with Monero rings as they are currently structured, then you could probably be reasonably sure you are anonymous.

If they implement my suggested fix, then you won't need to mix zillions of times to gain confidence because the combinatorial anonymity set will be well defined and not subject to domino collapse by combinatorial correlation analysis.

They will also gain block chain pruning from my suggestion.

Feel free to relay this post to fluffypony. I don't want to badger them. I only interjected here because the point is necessary to make in response to other person's statement.

[1] it is always a good idea to mix your coins numerous times, even if they make the suggested fix, because it increases the anonymity set size. My suggestion just makes that increase more assured.

manselr

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Quote from: TPTB_need_war on June 18, 2015, 04:06:27 PM

Quote from: minor-transgression on June 18, 2015, 03:51:35 PM

@generalisethis - you asked why TPTB are not fighting bitcoin tooth and nail?

...

I will argue that bitcoin, while it may be suited as a reserve currency, will
do nothing to halt the advance of a kakistocracy. Bitcoin has many similarities to
gold and to other precious metals. These have all failed in the past, for the
reasons given above. The blockchain is the new technology, can we use it to
our advantage?

Since my first post on bitcointalk.org, I have argued for a better cryptocurrency.
This is my constant position, and like you, I am interested in self preservation.
Bitcoin may be the best lifeboat available, but is it good enough?

They are not fighting it because it (and arguably Monero too) are not anonymous. Thus all the incriminating evidence is being piled on to the block chain which they can use to expropriate you in the future.

No it isn't good enough, but if you read my posts over the past 2 weeks (start with this one and read backwards in the thread), you will know roughly what I am working on that is good enough.

Thats why I said we can't make Bitcoin mainstream until anonymity features are implemented. Imagine a world with a public ledger where there is nowhere to have any privacy. Right now I wouldn't say Monero isn't anonymous.. i think it's the most anonymous way we have now to do transactions online, but Monero is a small niche, to access it you need Bitcoin first, which defeats the point, so we need to work on Bitcoin's anonymity to not have to depend on some alt.
gmaxwell knows this is a serious issue and that's why he's pushing into that direction. The methods we have now to achieve some sort of privacy with bitcoin are pretty archaic (generating addresses each time, coin mixing... that's not proper anonimity).

TPTB_need_war

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Quote from: ?? on ??

The risk you are failing to attribute to gold is that you won't be able to find any where to sell it.

The government will close down all black markets when they move us to electronic money.

Black markets can only exist where the mainstream money is not trackable. Ponder that.

Your only chance to not lose all your wealth will be an anonymous crypto-currency. Remember I warned you and you didn't listen.

Why would someone who has anonymous crypto-currency want to trade it for gold wherein they risk their anonymity in a sting operation. Duh.

Quote from: stallion on June 19, 2015, 12:03:03 AM

Quote from: TPTB_need_war on May 11, 2015, 10:59:27 PM

I also read on Armstrong's blog that under certain circumstances they can prevent you from traveling abroad if you have certain debts.

In the USA, they can cancel your passport if you are $2500 late on child support payments. And they are attempting to pass a law that if you owe the IRS money they can cancel your passport. And remember the IRS gestapo can issue assessments you might disagree with.

OROBTC, I would be very frightened about being a US citizen and having financial interest in a foreign business. If I had the means, I would have long ago relinquished my US citizenship to give me distance from the IRS gestapo.

Can you please attach a link to the blog post? I am interested to read the complete post now

http://armstrongeconomics.com/archives/21619

http://armstrongeconomics.com/archives/30727

http://armstrongeconomics.com/archives/11982

http://www.nestmann.com/why-the-irs-can-now-ground-you

http://www.nestmann.com/congress-wants-the-irs-to-cancel-your-passport

http://www.nestmann.com/why-congress-wants-to-revoke-your-passport

http://www.nestmann.com/owe-the-irs-money-pay-up-or-you-might-not-be-able-to-renew-your-passport

http://www.nestmann.com/congress-to-u-s-citizens-pay-your-income-tax-or-forfeit-your-passport

stallion

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Quote from: TPTB_need_war on May 11, 2015, 10:59:27 PM

I also read on Armstrong's blog that under certain circumstances they can prevent you from traveling abroad if you have certain debts.

In the USA, they can cancel your passport if you are $2500 late on child support payments. And they are attempting to pass a law that if you owe the IRS money they can cancel your passport. And remember the IRS gestapo can issue assessments you might disagree with.

OROBTC, I would be very frightened about being a US citizen and having financial interest in a foreign business. If I had the means, I would have long ago relinquished my US citizenship to give me distance from the IRS gestapo.

Can you please attach a link to the blog post? I am interested to read the complete post now

trollercoaster

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https://indigenousjobsandtrainingreview.dpmc.gov.au/empowering-people-through-healthy-welfare-card

generalizethis

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Facts are more efficient than fud

Quote from: TPTB_need_war on June 18, 2015, 04:06:27 PM

Quote from: minor-transgression on June 18, 2015, 03:51:35 PM

@generalisethis - you asked why TPTB are not fighting bitcoin tooth and nail?

...

I will argue that bitcoin, while it may be suited as a reserve currency, will
do nothing to halt the advance of a kakistocracy. Bitcoin has many similarities to
gold and to other precious metals. These have all failed in the past, for the
reasons given above. The blockchain is the new technology, can we use it to
our advantage?

Since my first post on bitcointalk.org, I have argued for a better cryptocurrency.
This is my constant position, and like you, I am interested in self preservation.
Bitcoin may be the best lifeboat available, but is it good enough?

They are not fighting it because it (and arguably Monero too) are not anonymous. Thus all the incriminating evidence is being piled on to the block chain which they can use to expropriate you in the future.

No it isn't good enough, but if you read my posts over the past 2 weeks (start with this one and read backwards in the thread), you will know roughly what I am working on that is good enough.

I've been following those posts as my interest is in cold-hard digital cash. Have you actually nudged Fluffy on your questions on Monero's anonymity? The work they are doing is fantastic (and from all observations, sincere), and I'd hate to see them thrown under the bus without even knowing the full measure of your criticisms.

TPTB_need_war

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Quote from: minor-transgression on June 18, 2015, 03:51:35 PM

@generalisethis - you asked why TPTB are not fighting bitcoin tooth and nail?

...

I will argue that bitcoin, while it may be suited as a reserve currency, will
do nothing to halt the advance of a kakistocracy. Bitcoin has many similarities to
gold and to other precious metals. These have all failed in the past, for the
reasons given above. The blockchain is the new technology, can we use it to
our advantage?

Since my first post on bitcointalk.org, I have argued for a better cryptocurrency.
This is my constant position, and like you, I am interested in self preservation.
Bitcoin may be the best lifeboat available, but is it good enough?

They are not fighting it because it (and arguably Monero too) are not anonymous. Thus all the incriminating evidence is being piled on to the block chain which they can use to expropriate you in the future.

No it isn't good enough, but if you read my posts over the past 2 weeks (start with this one and read backwards in the thread), you will know roughly what I am working on that is good enough.

TPTB_need_war

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1965.15 was the end of precious metals money.

2015.75 (51.6 years later, i.e. the ECM cycle based on Pi) will be the end of cash money and the start of a massive expropriation of wealth.

U.S. Changing Credit Card Liability on October 1, 2015

Quote

Curious note: On October 1, 2015 – the day of the Big Bang – the U.S. will begin shifting to EMV (Europay, MasterCard® and Visa®) “smart card” credit cards as a more secure way of accepting payments. Anyone accepting a card without a chip will be liable for any fraudulent payments. The banks will be exempt from accepting responsibility for fraudulent cards. Instead, the risk will shift to the merchant for accepting any non-EMV cards.

The End of Bonds? Look Out Below 2015.75

Quote

Since 1985, I have warned that the Big Bang was coming 2015.75. Here is the slide from our 1998 World Economic Conference (WEC). This target is the culmination of 51.6 years from the first break in the Bretton Woods Monetary system – 1964.15.

So what was 1964.15? That was the end of silver coinage. The following year began the copper-nickel coinage. We should see important turning points in 2017 and 2020. We will be going over these targets at the upcoming WEC in November.

There is a crisis unfolding in the bond markets right now. There is no bid for bonds and liquidity is vanishing rapidly. When the crack materializes, this is going to be so bad it is scary. This is BIG BANG in spades.

The World Share Market Reports for 2015.75

Quote

There are always the FALSE MOVES that will cause many people to lose their shirts. Therefore, we have the high probability of watching a suspension in interest payments in debt, widespread banking crisis as reserves of banks are undermined, and confused governments who will respond only out of their self-interest making matters far worse as they have historically always managed to accomplish.

minor-transgression

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will try to keep this OnTopic, forgive me if I stray.

@generalisethis - you asked why TPTB are not fighting bitcoin tooth and nail?

I think that we agree that the financial system will fail in the near future,
and that the entire Real World will suffer a painful adjustment in the mid term.

For reference purposes this analysis of fiat "money" is excellent but incomplete:
http://www.firstrebuttal.com/2015/06/16/the-feds-fatal-flaw-a-predictable-end/
"Be cognisant that when extended real GDP growth falls to or below 0% it will necessarily end the central banking system i.e. death of the $
"For them, the system has, as was the sole objective, amassed wealth beyond the imagination of men and gods alike."
(H/T ZeroHedge)

If you have ever played "Monopoly" you will know that the board game is
structured to provide only one winner. The link above endorses this view in some
detail. And the board game is on sale since the 1930's.

The money system as we know it has some benefits but also some unfortunate
side effects, specifically the inevitability of Economic Totalitarianism.
That dark side of the system cannot be redeemed or counterbalanced, and
is reflected in the growth of an inter-national Deep State. This unchallenged
and absolute power leads to perverse outcomes: absolute corruption as in
kakistocracy; terrorism as in Operation Gladio; paedophilia as in Kincora; organised
criminality as in the laundering of drug profits by major banks; subversion
and regime change as in Harold Wilson's 1974 UK government.
(google for "After Dark British Intelligence" for this and Kincora)
All this is old news. Gagging orders and related actions have stemmed the flow
of information since those days.

But this is not about the actions of the Deep State, it is all about the
reasons for the Deep State's existence and a probable causal linkage to Economic
Totalitarianism

I will mention that correlation is not causation, and there is no reason to
suppose that specific acts such as those above are directly linked to the flow
of debt and the concentration of wealth. There is some suggestion that the
allocation of wealth is arbitrary, that we are not in a meritocracy, hence
kakistocracy is a probable outcome. What to do?

I will argue that bitcoin, while it may be suited as a reserve currency, will
do nothing to halt the advance of a kakistocracy. Bitcoin has many similarities to
gold and to other precious metals. These have all failed in the past, for the
reasons given above. The blockchain is the new technology, can we use it to
our advantage?

Since my first post on bitcointalk.org, I have argued for a better cryptocurrency.
This is my constant position, and like you, I am interested in self preservation.
Bitcoin may be the best lifeboat available, but is it good enough?

TPTB_need_war

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http://armstrongeconomics.com/archives/33539

Silver is headed below $12 and gold below $1050.

Most likely bottoming below $9 and $850. The lowest possible for gold in the $600s.

We have a bounce here in BTC and PMs, then headed for lower lows, which means < $150 for BTC and probably double-digits Shocked

It will be a blood bath. Cool

You've been warned. And I have not been wrong since I started following Armstrong some years ago.

TPTB_need_war

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Quote from: ?? on ??

We have a confluence of negative cycles that indicate we are headed into VERY BAD TIMES.

Quote from: TPTB_need_war on June 17, 2015, 03:31:44 AM

...Also people get lulled to sleep by their past success in following the herd.

My rebuttal is talk to some people whose grandparents lost everything in the Great Depression because they trusted society to not go F.U.B.A.R. Realize that every 79 years or so, society does default and reset.

I do firmly believe your Bitcoin will be expropriated before 2032 (most likely before 2024), unless you've cashed out to something more protective BEFORE THE NSA HAS BEEN TRACKING IT. Gold will only work if you plan to never be able to cash it nor spend it, i.e. it won't work.

I do believe there will be clawbacks and they come asking what you did with the Bitcoin you sold back in the day. And they will use any excuse to expropriate everything they can find. The only wealth that is going to survive what is coming is that which can't be found.

...

The Hunt For Money Is Everywhere

Quote

REPLY: The horror stories are pouring in. It is now evident that the government requires banks to trace every penny you have before getting a mortgage. This has NOTHING to do with terrorism; it is the entire purpose of the NSA grabbing every phone call, text message, and email. They are hunting YOU. The banks act as their agents, tracking what you are doing, and reporting back with the answers.

Perhaps now those who did not understand our SOLUTION and why the key central piece is to demonstrate that we no longer need taxes since money is no longer tangible. If we do not end federal taxation, we will be driven fully and completely into a subservient society, bowing before not kings or gods, but government employees begging for mercy.

Is There a Shortage of Gold in Europe? Will It Be Confiscated?

Quote

Even the banks are requiring explanation for every deposit in an account to get a mortgage in the USA. Gold refiners are now required to report to the U.S. government every shipment of gold, reporting where it comes from and where it went.

They seem to be keen on watching gold bullion. The question is why? That seems to be clear from the standpoint of eliminating any alternative if they seek to move toward a cashless society. Look at the former speaker of the House, Dennis Hastert, who has been charged with lying to federal agents and evading financial reporting requirements called STRUCTURING, reportedly while attempting to conceal past sexual misconduct. This is the same money that you have paid taxes on, but you are withdrawing it in cash to pay off someone else. So you withdraw cash in amounts under $10,000 to avoid reporting. So this is NOT tax evasion; this is failing to tell the government that you have paid someone in cash and they didn’t pay their taxes.

So can they make gold illegal? Only a fool would say no. If it is illegal to pay someone in cash, they will make it illegal to pay someone in gold. This is the direction we are headed in. This is not a personal attack on gold. Sure, the gold promoters will say I am wrong for they are afraid it might reduce the whole idea of buying gold as an alternative to dollars. But this is the world we face. They are closing in the net from every possible angle. It is not just gold. This is hunting spare change in any form.

Does it mean you should not buy gold when the low comes into play? No. But it does mean there may be a risk to owning gold as it will be made illegal to conduct business. Keep in mind that they cannot imprison you for NOT paying your taxes. That would be unconstitutional. They imprison you for failing to tell them you owe taxes. It is the failure to file – not pay.

Expect Real Estate Mortgages to Become a Nightmare

Quote

As a result of Title XIV of The Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau (another agency to complicate matters) issued a number of mortgage related rules that are not actually voted on by Congress. They will impose far more paperwork and raise the cost of mortgages, while the Dodd-Frank portion to actually reform bank trading was vacated. As of August 1, 2015, we now have a new agency to comply with to get a mortgage and this should help to cap the real estate rally for the average American by sending prices back down.

Expect Real Estate Mortgages to Become a Nightmare

Quote

As a result of Title XIV of The Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau (another agency to complicate matters) issued a number of mortgage related rules that are not actually voted on by Congress. They will impose far more paperwork and raise the cost of mortgages, while the Dodd-Frank portion to actually reform bank trading was vacated. As of August 1, 2015, we now have a new agency to comply with to get a mortgage and this should help to cap the real estate rally for the average American by sending prices back down.

The Feds Are Hunting Money Retroactively – Is a Real Estate Crash Coming?

Quote

If you apply for a mortgage, you will suddenly encounter the REAL hunt for money. My sister just bought a house and to get the mortgage she had to explain every deposit and cash withdrawal in her account going back five years. My mother had simply written her a check for $400 to reimburse her for picking up some medicine. They wanted her to explain why my mother gave her $400.

Another friend, who lived with his girlfriend for five years and shared an apartment, encountered the full fury of the government’s hunt for spare change. His girlfriend had written him checks for half the rent for five years. He had to explain every one of those checks before they could get a mortgage to buy a home together.

This is completely illegal, yet banks are complying. This is all under the pretense of TERRORISM, whereby they have to know where every penny goes. This is not applying a new law with notice that from this date forward you have to keep track of everything you do with anyone else, as in East Germany, Stasi, this is being applied retroactively. The banks then report that info to the IRS and if you lie somewhere they will convert that to perjury and threaten you with five years in jail. My sister withdrew $2,000 in cash every few months for my mother for incidental purchases. Every one of those cash withdrawals had to be explained. This is between family members; there is no pretense of TERRORISM. We are watching all our privacy and rights vanish before our eyes.

It is no longer good enough that you pay your taxes. Now they want to know to whom you are giving any money, right down to $50. As a matter of law, if I pay a lawyer for work, I must issue a 1099 to document if I pay him any fees. They are tracing every dime.

This sort of red tape will come into play, seriously capping real estate in the housing market. We should expect prices to peak out in general, for this asset class is being hunted. It may be that the high end holds up better, but the low end that needs a mortgage to transact will find it increasingly difficult as the economy turns down, rates move higher, and banks back away from long-term loans.

Cash is rushing into the short-end. The long-end is starting to falter. This should be the same for most real estate markets. This is a 26-year high in Switzerland as well and the rush for condos in Toronto and NYC should top out on this wave where prices depend upon mortgages. Expect the core real estate to peak out with this wave that requires mortgages. This type of unconstitutional tracking of money will eventually discourage people from getting mortgages and as buyers are discouraged in the USA, they will move elsewhere. Caution is advisable.

TPTB_need_war

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We have a confluence of negative cycles that indicate we are headed into VERY BAD TIMES.

Quote from: TPTB_need_war on June 17, 2015, 03:31:44 AM

Quote from: tvbcof on June 16, 2015, 11:20:55 PM

Quote from: TPTB_need_war on June 15, 2015, 02:08:44 PM

...
Btw, just because you want to stay only in BTC, doesn't mean others won't want to speculate on higher ROI and the potential to jump back in time and front run your early investment in BTC. And they might be correct. One thing you have to contemplate is that an altcoin could be structured to benefit from the pegged side chain BTC investment it (yes an altcoin that is also a pegged side chain) and offer a higher ROI on its own coin. You might assert you'd opt for the pegged side chain clone that eliminated the side coin atribute, but market dynamics may not play nicely with your desire.

I try to never play in a game where other's have superior info, though sometimes it's not avoidable. I don't play the various mainstream markets for this reason. I'm also lazy. It's funny and half-true that I don't really care that much about ROI, and if someone jumps out and back in again and does better than me, more power to them. They have my respect for having balls, skill, and luck.

I've timed various things about as perfectly as possible (so far), but it has been almost complete luck and in a funny way that I cannot put my finger on, I think it has been a result of fairly deliberately not trying very hard to maximize my ROI and such. I seem to be uniquely bad at predicting price behaviors on less than year long intervals.

Sometimes I've had myself half-convinced that if I had to choose between Bitcoin achieving something substantive for humanity and Bitcoin making me rich, I'd choose the former. Sometimes not. Since I've made some money already I'm pretty sure that I will put a fairly significant emphasis on furthering other goals going forward. At this point I see the goals of making money and having Bitcoin (or a follow-on) being worthwhile as being fairly aligned but this is just and accident of fate.

This is the why 90% slow burn into the NWO is so assured, because most people don't act to save themselves until it is too late. They actively avoid pain if the losses to society are only 10% on each iteration:

nwo future prosperity = 0.90 ^ n, where n is time elapsed and 1 is maximum prosperity and 0 is total destruction of the human race.

Also people get lulled to sleep by their past success in following the herd.

My rebuttal is talk to some people whose grandparents lost everything in the Great Depression because they trusted society to not go F.U.B.A.R. Realize that every 79 years or so, society does default and reset.

I do firmly believe your Bitcoin will be expropriated before 2032 (most likely before 2024), unless you've cashed out to something more protective BEFORE THE NSA HAS BEEN TRACKING IT. Gold will only work if you plan to never be able to cash it nor spend it, i.e. it won't work.

I do believe there will be clawbacks and they come asking what you did with the Bitcoin you sold back in the day. And they will use any excuse to expropriate everything they can find. The only wealth that is going to survive what is coming is that which can't be found.

2017 – Sovereign Debt Cycle

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Why people even buy government debt is unexplained, for lawyers take control of government and pass laws that elevate government to “quality status” when in fact it is unsecured and has typically resulted in the total destruction of capital formation. When the core economy is involved, such as Rome, the resulting episode is typically a Dark Age.

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The sovereign defaults that began in 1931 in Austria set off the Great Depression that became a contagion, taking Greece down once more. Numerous countries defaulted on sovereign debt obligations from Europe, Asia, and South America, as the world economy contracted and entered what became known as the Great Depression. Even Britain suspended payments on its debt. Greece imposed a moratorium on paying on its outstanding foreign debt in 1932.

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Nevertheless, we face a sovereign debt default that is not limited to Greece. The history of the financial system is not encouraging to those investors hoping that the main countries will avoid defaulting on their sovereign debt obligations. Some may take comfort in knowing that while previous defaults were dislocating to the market, the global financial system did not suffer any long-term damage because of these events, except following 1845 and 1931. These two major global defaults were interestingly 86 years apart. Adding 86 years again, curiously brings us to 2017. The whole sovereign debt crisis started to surface in 2009 which is two 86 units of time from when it began with Andrew Jackson in 1837. This is the Phase Transition on debt and we should expect the sovereign debt crisis to expand dramatically during the last phase into 2017.

309.6 Year Cycle – It’s About Time

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The overall character of the present wave is a PRIVATE WAVE meaning that in such waves markets advance more rapidly and volatility rises. During a PUBLIC WAVE that ended in 1981.35, the leading trend was confidence in government so the bond markets did best and the Dow could not get through the 1000 level until the wave changed to private in 1985.

At the 309.6 year level, there are still tendencies for the PUBLIC v PRIVATE aspect. At this level it is a bit different. It is the rise and fall of empires so we have the most drastic elements at that level – the swing between civilization and isolationism through fragmentation. This is typically caused by government becoming so corrupt that people abandon the idea of collective societies as being beneficial. The Romans called the abandonment of the cities – suburbium.

When Rome collapsed, you moved away from government and feudalism began. The same in Japan. There is a danger of a dark age perhaps after 2032. Hopefully I will be dead by then. But it is hard to put the odds on that. But this is why we are in a growing trend of dissatisfaction that is manifesting in separatist movements. This is the opposite of civilization. People are getting fed up with government and because this is the LAST 51.6 year wave in this 309.6 year cycle, it is the PHASE TRANSITION period so things can get really nuts.

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224 Year Collapsing Wave Structure Points to Breakup of USA

April, 2013 is when Eric Snowden made his final move (no turning back) to make his revelations.

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There are two types of waves on the 224 Year Cycle – the Collapsing Wave and the Protracted Wave. It appears that the USA is in the Collapsing Wave formation meaning that the 224 year runs from the birth to the peak with the total duration running minimum 296 years with the optimum being 309.6 years meaning the society splits and does not remain intact. A Protracted Wave is a society view where the wave is measured peak to peak totaling 224 years. The second Protracted Wave formation is where governments come and go, but society survives and reforms remaining intact. In the Collapsing Wave structure where it is 224 year from birth to peak, the overall duration appears to be is 296-309 years. for the conclusion whereby society breaks apart and fragmentation emerges..In the case of Rome, 309 years from the assassination of Julius Caesar in 44BC is 265AD where Rome broke apart and the Gallic Empire emerged under Postumus (259-268AD).

This Collapsing Wave structure that the United States appears to be in means it is a one-time-wonder and that the United States will break-up and the there will be no more “united” union. This is becoming self-evidence in the polarization of politics with tremendous differences in culture on a regional basis. The Obamacare is just one aspect revealing the undercurrent whereby one segment of society believes it has a right to force their views upon another group.

Marcus-Aurelius-BustSo unfortunately, the USA does not appear to be destined to remain intact otherwise we would have seen and overall structured wave of 224 years. We seem to be in the Collapsing Wave with the 224 years was from birth to peak with an overall duration of 309.6 years at best. This appears to be like the Collapsing Wave in Imperial Rome itself whereas from the assassination of Julius Caesar in 44BC to the peak in the glory of Rome and population in the city took place under Marcus Aurelius that was 224 years later in 180AD. The decline that followed brought total chaos, sovereign debt crisis, massive government seizure of capital, fragmentation of the Empire, and in the end, Rome was no longer the Capitol and that became Constantinople followed by the split of East and West. We are much more akin to the this type of Collapsing Wave formation whereby society collapses and breaks apart. Now we have the Cycle of War turning in 2014 that appears to be focused within civil unrest at least initially.

What is the 300 Year Convergence in the War Cycle?

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QUESTION: Marty, you said that this cycle is the first time that the civil unrest and the international war cycle converge since the 1700s. You mean that it is a 300 year cycle of just that or is this when they align?

ANSWER: This is an alignment, not a 300 year cycle. If you have a 16 and a 18 week cycle, a some point they drift apart and then they converge. This is what sailors in the ocean called the giant wave. In wave movement you have constructive and destructive inference. When they align you get a bigger wave than normal.

This famous Japanese print known as the “Great Wave” does not portray a tsunami caused by an earthquake. The Great Wave pictures what its title denotes, simply a large okinami, which actually means a “wave of the open sea.” Until 1995, these “Great Waves” or “Rogue Waves” were known only from stories of sailors. The 1972 movie Poseidon Adventure depicts an ocean liner turned upside down by one of these waves.

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In our Cycle of War, we have split domestic from international. The international wave hit for events like WWI and WWII etc. Those are conflicts between countries. That is only one aspect of the Cycle of War. The second wave formation functions based upon civil unrest. This moves from protests up the scale to revolution such as the American and French Revolutions of the late 1700s.

This is what I am talking about that we have not a 300 year cycle, but the constructive inference between these two entirely different trends one domestic and one international. The Scottish vote today falls into the category of civil not international and is part of that cycle that is converging with the international where we see Russia v USA and China v Japan, and Middle East.

The Next Plague Due 2019?

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This Cycle of War has been incredible for it is linked at the core with weather, economics, plagues, and natural disasters. You cannot look at war in isolation for its cause is rooted also within human nature.

The Romans were great secretaries and tended to record events of this nature. When we analyzed the history of plagues, we found a strong correlation to Pi (π). The span of just the major plagues recorded by the Romans was 474 years divided by 6 events produces 79 and dividing that by Pi 3.14 gives us 25.15 years. This is very close to the 8.6 frequency (3 x 8.6 = 25. Cool

. Testing this frequency brought us to the Black Death/Plague of the 14th Century, the Great Influenza of the mid-19th Century that killed many on my own family, the influenza at World War I, the Malaria epidemic of 1940, and the next target being 2019.

Topic: Economic Totalitarianism - page 113. (Read 345758 times)